Auditor4 Sept 2026, 07:11 pm
Supra Trends Ltd: Statutory Auditors NSVR & Associates LLP Resign
AI Summary
Supra Trends Ltd announced the resignation of its statutory auditors, M/s NSVR & Associates LLP, effective September 04, 2026. The company's Board of Directors accepted the resignation and, based on the Audit Committee's recommendation, approved the appointment of M/s. SNMR & Associates as the new statutory auditors for the financial year 2026-27. M/s. SNMR & Associates will fill the casual vacancy and have been recommended for a further five-year term, subject to shareholder approval. The resignation was attributed to pre-occupations with other assignments and not due to any disagreement with the management.
Key Highlights
- Statutory auditors NSVR & Associates LLP resigned effective September 4, 2026.
- SNMR & Associates appointed as new statutory auditors.
- Appointment is for FY 2026-27 to fill casual vacancy.
- New auditors recommended for a five-year term, pending shareholder approval.
- Resignation due to auditor's pre-occupations, no management disagreement.
Price Impact
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